72, ORMESBY BANK, ORMESBY, MIDDLESBROUGH, TS7 9ED - £170,000

The information on this page is based on a number of underlying datasets, most of which are updated monthly. We maintain an update schedule which explains which version of each dataset we are currently relying on.

72 ORMESBY BANK is a detached house, which could now be worth an estimated £324,776. It was last sold for £170,000 in November 2003, which was around 25% above the average November 2003 detached price in the Redcar and Cleveland local authority area.

72 ORMESBY BANK Sold Prices

Land registry data shows one sale for 72 ORMESBY BANK since 1^st January 1995. The below table shows the price paid for the one sale, along with the average detached price in the Redcar and Cleveland local authority area for the corresponding sale date. The average price is sourced from the Office for National Statistics' House Price Index (HPI).

Date	Price	HPI Price	Variation from HPI
2003 7 NOV	£170,000	£136,348	25% above HPI

What might 72 ORMESBY BANK be worth now?

72 ORMESBY BANK might now be worth an estimated £324,776.

This is based on house price inflation of 91%, between November 2003 and April 2026, for detached houses, in the Redcar and Cleveland local authority area, as calculated by the Office for National Statistics and published in their UK House Price Index (HPI).

The 91% inflationary increase is applied to the most recent sale price for 72 ORMESBY BANK of £170,000 on 7th November 2003. For the value to have increased from £170,000 to £324,776 over the 23 years and seven months to April 2026, the following assumptions must hold true:

• The value of 72 ORMESBY BANK has moved in line with the HPI for detached houses in the Redcar and Cleveland local authority area.
• The November 2003 sale price of £170,000 represented a fair market value for the property.
• The size, condition, and specification of 72 ORMESBY BANK has not materially changed since November 2003.

Where is 72 ORMESBY BANK?

72 ORMESBY BANK is located in ORMESBY, in the TS7 postcode district.